MARKET STATISTICS - FREMONT - NEWARK, CA. 10-27-11

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Real Estate Agent with Prudential California Realty CalBRE#01223788

Market Statistics for Fremont and Newark, Ca. 10-27-11

Fremont and Newark real estate prices and statistics tend to track fairly closely. Fremont is a much larger city with a population that is approximately 6 times the population of Newark. I think that you can gather the size disparity from the number of listings in the respective cities posted below. Newark and Fremont real estate is also not comparable in all price ranges. Newark does not possess the above million dollar homes that can be found in Fremont. Prior to the real estate bubble bursting you could pay over a million dollars for a Newark home but no longer. Both cities have suffered from substantial real estate price declines but not to the extent of some other Alameda County cities.

 

I will continue to follow the statistics in Fremont and Newark, and in other Alameda County cities, and post my findings.

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Topic:
ActiveRain Community
Location:
California Alameda County
Tags:
fremont real estate
newark real estate
first time buyer
financing
reo
short sale

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Rainmaker
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Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Tahoe Real Estate Agent Helping Buyers and Sellers
Coldwell Banker, Tahoe City, CA (530) 414-1260

John - nice market update.  It's really helpful to see what is going on in your area.  Thanks for putting together this timely information.

October 28, 2011 12:27 AM
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Rainmaker
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John Juarez

CDPE, ePRO, SRES, GRI, PMN
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